12520 Morang Dr Drive Detroit, MI ^$ 650,000

12520 Morang Dr Drive

^$ 650,000

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12520 Morang Dr Drive

Detroit, MI, 48224

^$ 650,000

Studio Baths0.0 Sq 2,176

Monthly Estimate*

^$ 4,320

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Studio

Commercial Property for sale in Detroit, MI

for $650,000. This 2,176 square foot building was built in 1971 on a lot size of 0.54.

A large business opportunity over 2000 SF, building include office and 3 huge bay garage all sitting in a fenced half ACRE lot . CURRENT USES AS A DEALERSHIP and it can be converted into another opportunity with this busy location!

Commercial Active

Price

^$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,190

Style

Business

Lot Size

0.54

Year Built

1971

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

50125251

Features

General

Water Public Water

Status Active Active

Year Built 1971

Subdivision SUPER HWY SUB MI

County Wayne

Class COM/IND/BUS OPP

Type Business

Percent Ownership Private

Municipality Detroit

Area Detroit (82001)

Primary City Detroit

City Detroit

Street Name Morang Dr

Financial Terms Cash Commercial Loan

Legal Description E MORANG 55 THRU 45 LEIGH G COOPERS SUPER HWY SUB L55 P20 PLATS W C R 21/897 235 X 100

DOM 219

Postal Code 48224

Price Per Sq Ft Total 298.71

Coming Soon A large business opportunity over 2000 SF

Exterior

Lot Size Area 0.54

Lot Dimensions 23 522 SF

Waterfront Y/N No

* Excluded Features

List By

Arkan Aboona

Listing Agent

National Realty Centers Inc.

Broker

arkanaboona@gmail.com

Affordability Calculator

$4,503

Per Month

Monthly Principal & Interest: $4,320
Monthly Property Taxes: $183
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$478,784

Percent of Sale Price 26%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/17/2023	$650,000		Listed Price

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12520 Morang Dr Drive, Detroit, MI, 48224 is a Commercial Property for sale at $650,000 with 2,176 sqft and a lot size of 0.54. 12520 Morang Dr Drive is a studio with 0.0 baths and was built in 1971. The property's zip code is 48224 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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12520 Morang Dr Drive

Commercial Property for sale in Detroit, MI

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